Suppose That a Mining Company Employs 80% of the Available

question 39

Essay

Suppose that a mining company employs 80% of the available laborers in a town.Explain what will happen to the number of laborers hired and the wage rate paid by the mine if a minimum wage is set at the competitive level.

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Definitions:

Progressive Relaxation

A technique aimed at reducing stress and anxiety by tensing and then relaxing each muscle group in the body.

Aversive Conditioning

A method of behavior modification that involves the use of unpleasant stimuli to reduce or eliminate unwanted behavior.

Systematic Desensitization

A therapeutic technique used to reduce anxiety by gradually exposing the patient to the feared object or situation.

Aversive Conditioning

A method of behavioral training in which an unwanted behavior is associated with discomfort in order to discourage that behavior.